以色列10年期国债 (Israel10Y) 加自选

美元ILS跌至27个月低点3.50。在过去的4周里，美元以色列新谢克尔下跌了3.6%，在过去的12个月里，它下跌了5.39%。

USDILS decreased to a 27-month low of 3.50. Over the past 4 weeks, US Dollar Israeli New Sheqel lost 3.6%, and in the last 12 months, it decreased 5.39%.

TA-125指数升至2715.00点的历史高点。在过去的4周里，特拉维夫TA-125 IND上涨了6.09%，在过去的12个月里，上涨了36.34%。

TA-125 increased to an all-time high of 2715.00 Index Points. Over the past 4 weeks, TEL AVIV TA-125 IND gained 6.09%, and in the last 12 months, it increased 36.34%.

以色列银行于2025年5月26日连续第十一次会议将基准利率稳定在4.5%，符合市场预期。央行重申其致力于稳定金融市场，减少不确定性，保持价格稳定，并在持续的地缘政治紧张局势中支持经济活动。过去12个月，通货膨胀率上升至3.6%，超过了该行目标区间的上限。现在的预测表明，恢复到目标水平的速度比以前预期的要慢。与此同时，在强劲的投资、服务出口和私人消费的推动下，2025年第一季度经济年化增长率为3.4%。该行强调，未来的利率决策将以通货膨胀、金融市场稳定、经济活动和财政政策的趋势为指导。

The Bank of Israel held its benchmark interest rate steady at 4.5% for the eleventh consecutive meeting on May 26, 2025, in line with market expectations. The central bank reiterated its commitment to stabilizing financial markets, reducing uncertainty, maintaining price stability, and supporting economic activity amid ongoing geopolitical tensions. Inflation rose to 3.6% over the past 12 months, exceeding the upper bound of the bank’s target range. Forecasts now indicate a slower return to target levels than previously expected. Meanwhile, the economy grew at an annualized rate of 3.4% in Q1 2025, driven by robust investment, services exports, and private consumption. The Bank emphasized that future interest rate decisions will be guided by trends in inflation, financial market stability, economic activity, and fiscal policy.

以色列经济在2025年第一季度以3.4%的年化增长率增长，略低于市场预期的3.5%，此前一季度下调了1.9%的增长率。增长主要得益于固定资本形成总额强劲增长8.7%，略高于第四季度8.6%的增长。这主要得益于住宅建设的急剧加速（28.4%对15.1%），而工业投资增长明显放缓（1.5%对8.2%）。然而，国内需求显示出疲软的迹象。私人消费收缩5%，扭转了上一季度4.1%的增长，而公共支出在强劲增长8.8%后也小幅下降0.2%。在外部方面，继第四季度激增10.4%之后，出口下降了1.8%，而进口增长从16%放缓至5%。按季度计算，以色列经济在2025年第一季度增长了0.8%，高于2024年最后一个季度的0.5%。

The Israeli economy grew at an annualized rate of 3.4% in Q1 2025, just below market expectations of 3.5%, following a downwardly revised 1.9% expansion in the previous quarter. Growth was primarily driven by a robust 8.7% increase in gross fixed capital formation, slightly above the 8.6% rise in Q4. This was largely supported by a sharp acceleration in residential construction (28.4% vs 15.1%), while industrial investment growth slowed notably (1.5% vs 8.2%). However, domestic demand showed signs of weakness. Private consumption contracted by 5%, reversing a 4.1% increase in the previous quarter, while public spending also edged lower by 0.2% after a strong 8.8% rise. On the external front, exports fell by 1.8%, following a surge of 10.4% in Q4, while import growth eased to 5% from 16%. On a quarterly basis, the Israeli economy expanded by 0.8% in Q1 2025, up from a 0.5% increase in the final quarter of 2024.